Daily Crunch: A closer look at Google’s remote-controlled $30 Chromecast

“You had one job” might be amusing if a birthday cake decoration goes wrong, but when we’re talking about executives who don’t show for board meetings, the stakes are much higher, writes Matt Blumberg, co-founder and CEO of Bolster.

“Disengaged or dysfunctional boards aren’t just bad for CEOs and LPs; they’re bad for everyone,” Blumberg says, a realization that spurred him to adopt a new meeting format that includes follow-up surveys.

“That is a lot of moving pieces to manage, but I find that doing so keeps the meeting fresh and well paced.”

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Hey, folks! Chromecasts have been a hacker and nerd favorite for a moment or two, and we’re pretty psyched to see the price (with a remote!) dropping to $30. Apropos hardware, Brian and Kirsten just published our Apple Watch Ultra first look review, so we’ve been enjoying that, too.  — Christine and Haje

The TechCrunch Top 3

  • Love gadgets? You’ll love today’s newsletter: Google’s new Chromecast is a quadruple threat: 4K HDR support, 10,000 apps, costs $30 and has a remote, Ivan writes. Yes, please.
  • The first cut is the deepest: Just when Indian hotel chain Oyo thought it was safe to go public, SoftBank slashed its valuation by 73% to $2.7 billion, Manish reports.
  • No closing time here: E-commerce company acquirer OpenStore is defying the e-commerce aggregator odds by both doing well in this economy and raising funds, Christine writes. The 1-year-old company, started by Founders Fund’s Keith Rabois and Atomic’s Jack Abraham, raised $32 million in a round of funding that values the company at $970 million.

Startups and VC

Anyone who has to use a wheelchair regularly runs the risk of incurring injury from poor circulation. Kalogon believes it can mitigate this common but potentially life-threatening condition with a smart cushion that prevents any one part of the body from being compressed for too long — and it has already caught the eye of the VA, Devin reports.

Keeping up with tax compliance for cryptocurrency can be tricky, especially since many laws are new (or haven’t been written yet). That’s why Binocs was founded. Users integrate their exchanges and wallets, and Binocs provides a tax report and other accounting details. The startup announced today that it has raised $4 million to expand, Catherine reports.

And a few more from around the world (around the world):

When it comes to startup board participation, VCs and CEOs must do their jobs

Image Credits: Richard Drury (opens in a new window) / Getty Images

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